Register
Disadvantages of partnerships include all the following except? A. Partnerships may reduce competition B. Partners may disagree C. Partners are bound by contractors of others D. Partnerships have an uncertain
127k views
22 votes
Disadvantages of partnerships include all the following except?

A. Partnerships may reduce competition
B. Partners may disagree
C. Partners are bound by contractors of others
D. Partnerships have an uncertain life

User Andrew Steitz
by
3.6k points

1 Answer

3 votes

Answer:

D. Partnerships have an uncertain life

Step-by-step explanation:

A partnership business is formed by at least two people. Legally, a partnership is not an independent entity. Its continuity is pegged to the lives of its partners. Death, withdrawal, or bankruptcy of a partner may lead to the dissolution of a partnership business. For these reasons, a partnership business is seen to have uncertain life.

User Moogal
by
4.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.5m questions

5.9m answers

Other Questions

How can expansionary​ expenditure-based fiscal policy lead to crowding out in the​ economy? A. ​Expenditure-based fiscal policy increases the national​ debt, inducing​ forward-looking households and firms
Everyone has a unique spending plan. Which of the following factors has the greatest effect on a person's spending decisions?
In order to attract younger customers to the Lacoste brand of clothing, CEO Robert Siegel made all of the major decisions in product planning, distribution, and promotion. He asked for no input from his
Andrew doesn’t want to spend a lot of money on student loans, and does not qualify for grants. what is his best option for affording a bachelors degree
The method of appraisal in which the appraiser estimates the replacement cost of the building, deducts depreciation, and adds the value of the site is:________
Link Copied!